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Jeena Sikho Lifecare (NSE:JSLL) ROCE % : 39.95% (As of Mar. 2022)


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What is Jeena Sikho Lifecare ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Jeena Sikho Lifecare's annualized ROCE % for the quarter that ended in Mar. 2022 was 39.95%.


Jeena Sikho Lifecare ROCE % Historical Data

The historical data trend for Jeena Sikho Lifecare's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jeena Sikho Lifecare ROCE % Chart

Jeena Sikho Lifecare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
106.13 79.25 77.37 51.83 54.66

Jeena Sikho Lifecare Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Mar23
ROCE % Get a 7-Day Free Trial - - 62.68 39.95 -

Jeena Sikho Lifecare ROCE % Calculation

Jeena Sikho Lifecare's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=448.415/( ( (615.409 - 238.873) + (1510.314 - 246.016) )/ 2 )
=448.415/( (376.536+1264.298)/ 2 )
=448.415/820.417
=54.66 %

Jeena Sikho Lifecare's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Sep. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Sep. 2021 )(Q: Mar. 2022 )
=141.744/( ( (571.388 - 238.311) + (615.409 - 238.873) )/ 2 )
=141.744/( ( 333.077 + 376.536 )/ 2 )
=141.744/354.8065
=39.95 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2022) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jeena Sikho Lifecare  (NSE:JSLL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


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Jeena Sikho Lifecare (NSE:JSLL) Business Description

Traded in Other Exchanges
N/A
Address
Kalgidhar Enclave, SCO 11 First Floor, Mohali, Zirakpur, PB, IND, 140604
Jeena Sikho Lifecare Ltd provides ayurvedic healthcare products and services. The company operates only in one business segment which is Trading of Ayurvedic Medicines and providing Ayurvedic therapies. The company engages in conducting health check-up camps, free yoga sessions to make people aware of health problems. It offers a wide range of Ayurvedic products such as Shuddhi 32 Herbs Tea, Shuddhi Addiction Free Kit, Shuddhi BP Package, Shuddhi Diabetes Care Package, and Shuddhi Divya Sanjeevani-Anti-Viral Package.

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